Dealers

The newly acquired company joins Safeguard in helping dealers reach futures goals and maintain loyal customer bases.

Many consumers still regard EVs as a new technology with which they are unfamiliar. And, in this case, unfamiliarity can breed contempt – or at least cause buyers to move cautiously.

Now that consumers keep their cars longer, parts and service are in greater demand.

Cox Automotive says high prices and tight credit are likely to dampen dealers’ sales.

Higher-income earners are the primary EV adopters, according to Autolist.